Triboro Youth Theatre Inc

Analysis

Triboro Youth Theatre Inc is a registered charity in United States, based in S Attleboro, MA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Triboro Youth Theatre Inc reported income of $145k and spending of $152k, spending 105% of its income. Across the 3 years on record, from August 2022 to August 2024, income grew from $92k to $145k (+58%), an average of +26% a year. The sharpest change came in the year to August 2023, when income rose by 27%. Over the whole period it spent 124% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Triboro Youth Theatre Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 51st percentile within MA. Charities of a similar size with the same main cause include In Wilmington Marketing Group Inc ($145k), The Childrens Museum of St Croix Inc ($145k) and Yorkshire Playhouse ($145k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 25% and program service revenue 71% of the total. At year end it held assets of $4,004 against liabilities of $136k, net assets of -$132k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.